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An announcement from accesso Technology ( (GB:ACSO) ) is now available.
Accesso Technology Group PLC has executed a share buyback, purchasing 22,000 of its ordinary shares at prices ranging from 413.00 GBp to 424.00 GBp, with a volume-weighted average price of 420.9969 GBp. This move reduces the total number of shares in circulation to 40,146,247, potentially impacting shareholder voting rights and reflecting the company’s strategic financial management.
The most recent analyst rating on (GB:ACSO) stock is a Buy with a £8.00 price target. To see the full list of analyst forecasts on accesso Technology stock, see the GB:ACSO Stock Forecast page.
Spark’s Take on GB:ACSO Stock
According to Spark, TipRanks’ AI Analyst, GB:ACSO is a Neutral.
Accesso Technology’s strong financial performance and strategic corporate actions, including share buybacks and acquisitions, contribute positively to its stock score. However, bearish technical indicators and a lack of dividend yield constrain the overall attractiveness. The stock is fairly valued, providing a stable but not overly attractive investment opportunity.
To see Spark’s full report on GB:ACSO stock, click here.
More about accesso Technology
Accesso Technology Group PLC operates in the technology industry, focusing on providing innovative solutions for the leisure, entertainment, and cultural markets. The company specializes in offering ticketing, point-of-sale, and virtual queuing solutions to enhance guest experiences and streamline operations for its clients.
Average Trading Volume: 95,411
Technical Sentiment Signal: Sell
Current Market Cap: £164.1M
Learn more about ACSO stock on TipRanks’ Stock Analysis page.